8 Pleasant StAndoverMA01810
Nearby investment properties with comparable rents
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Andover at 8 Pleasant St, Andover, MA, 01810 offers $6,152/mo rent that, after a $5,511/mo payment. Total monthly income is $6,152/mo. Return on cash invested measures 17.26% in year one, and rental yield stands at 6.56% at a $1,125,900 entry. Equity gained on principal adds $7,265/yr while 5% annual appreciation compounds into $311,065 by year five. Five-year ROI records 88.71% and total cumulative return in cash reaches $323,607. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $6,152/mo property income versus a $5,511/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 01810, Andover, MA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,644 (100%) |
| Owner Occupied HU | 9,997 (73.3%) |
| Renter Occupied HU | 3,092 (22.7%) |
| Vacant Housing Units | 555 ( 4.1%) |
| Median Home Value | $878,571 |
| Average Home Value | $935,095 |
Housing Distribution
Address Breakdown
Residential
13,520
Single Family
10,438
Multi-Family
3,082
Businesses
1,365
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Listed by: N/A • N/A
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